The company said that it plans to cut an additional 5,000 jobs beyond
its most recent round of layoffs, and these new efforts will cost the
company $300 million. Despite this new round of cost-cutting efforts,
the company said it expects to report an operating loss in the fiscal
second quarter as well.

To compound matters, unexpected delays will push the launch of RIM’s
first BlackBerry 10 smartphone back to the first calendar quarter of
2013. RIM previously said the first handset to run its next-generation
OS would be released later this year.